It’s an exciting time, you just got notice you’re license is affirmed and you’re going into business. It’s certainly time to celebrate, but more importantly, it’s time to plan your project, prepare your team, and implement ‘best practices’ in all you do from this point forward.
What does best practices really mean? How does it work and why is it important? Well, for starters, there are few, if any, retail industries that have more oversight and regulation than cannabis. To that end, best practices will prepare you and your operation to perform better in every aspect of your business operations. You will generate higher net-revenues than your competition, you will breeze through regulatory and compliance requirements, your staff will be top-tier extensions of your brand, and I could go on. Best practices is the logical endurance of doing things the right way the first time and every time. Let’s hit the basics at a high level.